A client of mine approached me with a dilemma – to sell or not to sell an investment apartment he bought. It was an apartment in Jaffa he bought about 6 years ago for 740,000 NIS, and it’s worth about 1.05M today. On one hand, he earned a great 40% profit on his capital. [...]
So you've started to consider the purchase of an apartment. Congratulations! But how will you know the maximum value of an apartment which is within your means to buy with a mortgage? [Too much math? you can get an immediate budget here] There are two main criteria which determine the approval of a mortgage- the cost [...]
